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January Market Spotlight: Huntsville & Lake of Bays

Data is collected from The Lakelands Real Estate Board for single-family residences both on and off-water.   WATERFRONT REAL ESTATE SALES ACTIVITY:   Compared to January 2018: Increase in Sales Increase in Ave. Sale $ Increase in Days on Market (DOM) Increase in % Sale/List price. Opinion: The 111% increase in ave. sale price was result of a few sales in the higher price points compared to 2017. January 2017 there were 6 sales overall compared to 8 in 2018. 5 of those 8 sales were in the 500-800k range and 2 were over 1m. DOM and % Sale/List were only…